Why is Texmo Pipes falling/rising?

As of 18-Sep, Texmo Pipes & Products Ltd is experiencing a decline in its stock price, currently at 58.45, reflecting a decrease of 0.34 or 0.58%. The stock has been losing value for the past four days, resulting in a total drop of 1.43% during this period. In terms of performance relative to benchmarks, the stock has underperformed significantly over the past year, with a return of -23.44%, while the Sensex has remained nearly flat at +0.08%. Despite a very attractive valuation indicated by a ROCE of 8.6 and a PEG ratio of 0.1, the stock's recent performance is marred by weak long-term fundamentals, including poor growth rates in net sales and operating profit over the last five years.
Broader market context shows that while the stock has seen a slight increase of 2.54% over the past month, it still lags behind the Sensex, which has gained 2.14% in the same timeframe. The falling investor participation, with a significant drop in delivery volume, further indicates a lack of confidence among investors. Additionally, the stock's liquidity is adequate for trading, but the consistent underperformance against the benchmark over the last three years raises concerns about its long-term viability. Overall, the combination of declining short-term performance, weak fundamentals, and reduced investor interest contributes to the stock's current downward trajectory.